Tesla, Mercedes-Benz Hit by Sales Dip in South Korea as Local EVs Gain Traction
Jul 21, 2023 06:13 am UTC| Economy Business Life
Despite a 10.7% overall surge in South Korean car sales, foreign giants Tesla Inc. and Mercedes-Benz have seen a significant dip in their market share. The first half of 2023 witnessed their sales dwindle, especially in...
Nike Faces Lawsuit from SherryWear over Alleged Sports Bra Design Infringement
Jul 21, 2023 05:14 am UTC| Economy Business Sports Life Law
Nike finds itself in a legal dispute as Florida-based entrepreneur SherryWear LLC accuses the multinational corporation of design patent infringement. The lawsuit claims that Nike unrightfully adopted SherryWears patented...
Starbucks, Blackpink Heat Up the Summer with New Asia Pacific Exclusive Collection
Jul 21, 2023 04:31 am UTC| Business Economy Life
Starbucks and global K-pop sensation Blackpink have joined forces once more, rolling out a vibrant summer collaboration across nine Asia Pacific nations. The limited-edition project features a unique Blackpink-themed...
VinFast Plots $4B EV Factory in North Carolina; Aims for Dominance in US Market
Jul 20, 2023 10:25 am UTC| Life Economy Business
Vietnamese automaker VinFast plans to cement its American foothold by constructing a $4 billion electric vehicle (EV) factory in North Carolina, signaling its aggressive expansion into the United States market amid rising...
Jul 20, 2023 09:30 am UTC| Economy Business Life
General Motors (GM) Korea steps up in the SUV segment by releasing a revamped Chevrolet Trailblazer, specifically designed for South Koreas discerning consumers. Since its 2020 debut, the Trailblazer has shown remarkable...
BTS V Takes on New Role as Cartier's Global Brand Ambassador, Causes Website Crash
Jul 20, 2023 06:58 am UTC| Life Economy Business
French jeweler Cartier has chosen BTSs Kim Tae-Hyung, better known as V, in a striking blend of luxury and pop culture, to be its new global brand ambassador. Not new to the world of high-end fashion, V, already an...
Nestlé Shifts Cappuccino Mix Production to South Africa Amid Rising Demand
Jul 20, 2023 06:21 am UTC| Life Economy Business
Nestlé SA is relocating its cappuccino mix production from South Korea to Babelegi Industrial Park, South Africa, in response to the burgeoning demand for the popular coffee product. As the fastest-growing segment...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight